Why Kirkland's Inc. (KIRK) Has a Bright Short-Term Future?

Zacks

One company that should be on your radar is Kirkland's Inc. (KIRK). The stock of this specialty retailer has seen its Zacks Rank surge over the past four weeks, moving from neutral territory to its current position as a Strong Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For KIRK’s full year estimate, we have seen 4 estimates go higher in the past 30 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from 91 cents a share a month ago to its current level at 95 cents.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, KIRK has seen some pretty solid trading lately, as the company has moved higher by 34.2% in the past month.

If Kirkland’s can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put KIRK on your watch list for the future.

Other top ranked stocks worth considering in the retail-home furnishing space include Fortune Brands Home & Security, Inc. (FBHS), Haverty Furniture Companies Inc. (HVT) and Williams-Sonoma Inc. (WSM). All these stocks carry a Zacks Rank #2 (Buy). 

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KIRKLAND'S INC (KIRK): Free Stock Analysis Report

FORTUNE BRANDS HOME & SECURITY I (FBHS): Free Stock Analysis Report

HAVERTY FURNITURE COS (HVT): Free Stock Analysis Report

WILLIAMS SONOMA INC (WSM): Free Stock Analysis Report


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